Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: George8 who wrote (58234)	10/20/2016 2:15:51 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78752

SYNT. There was a cash repatriation which gave shareholders $15 and led to a $3.21 charge to SYNT this quarter. Rev was down 5% from this quarter from the same quarter last year. (That's not good for a growth company - so it may be some reason for today's drop.) Margins were down too - apparently from currency related items. I'm not able to run my typical metrics (book value related metrics), because the of the effect of the large cash distribution. I've no idea how to do technical analysis given this cash distribution, to come to a conclusion that "technicals look bad". finance.yahoo.com I'm surprised by today's drop, because I've assumed the market/investors would've assumed that this quarter would be unimpressive or bad, given SYNT was going to have to pay in the quarterly earnings for repatriating that money. So maybe there is something more to today's almost 15% drop in the stock price. I expect next year to be better for SYNT, and assuming the market doesn't crash, I expect to see SYNT back over $30 ($45 level again - $15 dividend) next year. jmo, and I've been wrong many, many times.